Parliamentary Integrity explain the stages of the oil contract
11/19/2015
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Phases of the oil contract starting from the idea and the technical and economic feasibility studies which should be prepared in advance by the Ministry of Interpreted the Parliamentary Integrity Committee in a statement issued by MP Talal Zobaie Chairman of the Parliamentary Integrity Committee, that "the stages of the oil contract starting from the idea and the technical and economic feasibility studies which should be prepared in advance by the Ministry of Oil are then authenticated by the Committee on Energy and Economic Committee, each according to specialization. The statement pointed out that these two committees bear the full solidarity legal responsibility when viewing these studies to the Prime Minister for the purpose of making the right decision in question.
She added that after these steps, proceed to declare tenders after providing financial allocation necessary start up to the contract, pointing out that the job description and specifications and cost and contractual period after the contract is considered red lines due commitment by the parties to the contract and after the entry of the contract into effect any change or addition to the contract terms or as a supplement contract is considered a violation and breach of circumvention is legally justified, therefore, any additional amount spent on wages oil production Streptococcus adult (2) US dollars per barrel is considered void and illegal.

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